My Own Market Narrative
"It will take a rally of monumental proportions to save the penis of John McAfee" - Zerohedge, 2017
Tuesday, December 3, 2013
VIX is doing something interesting right now
Bespoke calls this just a run-of-the-mill overbought pullback.
But here's $VIX:
$VIX is acting in an interesting way, as far as I'm concerned. ~2.5SD up, and rising.
So why are people all of a sudden buying downside protection? Is this due to the supposedly critically important stat reports coming up later this week?
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